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Stocks surge, crude oil cools as war cries fade

Hindustan Times Bengaluru

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June 27, 2025

Indian benchmark indices rose to reclaim levels last seen nine months ago, as investors cheered lower oil prices, a weaker dollar, and strong domestic flows back home.

- Srushti Vaidya

MUMBAI: Market experts believe the combination bodes well for the bulls in the near term at least.

As a ceasefire in West Asia after 11 days of conflict took hold, markets bet that the worst of the disruption was behind. The Nifty closed 1.21% or 304.25 points higher at 25,549, while the Sensex closed 1.21% or 1,000 points up at 83,775.87. Thursday's closing was the highest since October 1 when the Nifty traded at 25796.9 and the Sensex at 84266.29.

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